It seems to be a coincidence.

On November 18, Tongwei Solar (Hefei) Co., Ltd. officially went into production. Since the Tongwei Group invested RMB 870 million to take delivery of Hefei Saiwei, the new company was put into operation, and it took less than two months. This move was interpreted by the market as an optimistic outlook for the industry.

On the same day, the media exposed the news: Suntech's restructuring plan has been approved by the Intermediate People's Court of Wuxi City. Jiangsu Shunfeng Optoelectronics planned to acquire 100% of Wuxi Suntech and inject Suntech with no less than 3 billion yuan in funds within two years.

Photovoltaic industries that have faced many problems such as the United States and Europe, the phased overcapacity, and disorderly competition have met with new changes in the industry's development.

The bottom of the market saw an increase in the consolidation of photovoltaic manufacturing

In fact, apart from Tongwei going out and accelerating the integration of resources, the new energy sector in Sichuan has continued to move.

At the beginning of the month, Tongwei Group and Chuantou Group initiated a strategic cooperation and will reorganize 38.9% of Shin Kong Silicon, a company held by Sichuan Investment. At present, Tongwei has formed two circular economy industrial chains, which are chemical industry and solar photovoltaic industry dominated by polysilicon.

The depth and breadth of the PV industry in winter is far beyond expectations, and the bottom has now been seen. At the commissioning ceremony on November 18th, the words of Liu Hanyuan, Chairman of Tongwei Group's Board of Directors, seemed to be understood as a reason for frequent action.

The reaction of the market confirmed Liu Hanyuan’s judgment. Recently, Hou Xiaolin, Marketing Director of Tianwei New Energy Holdings Co., Ltd., brought news that since August, the domestic and international PV market environment has gradually improved, especially after the National Day, orders have soared.

Sichuan Yongxiang Polysilicon Co., Ltd., a subsidiary of Tongwei, directly benefits from the downstream Hefei project. According to Feng Dezhi, general manager of the company, the company recently ended its loss momentum in the first half of the year and achieved a break-even. With the launch of the Hefei project, the days will get better and better.

The depth adjustment of the industry will continue.

Not long ago, the Ministry of Industry and Information Technology issued the "Regulations for Photovoltaic Manufacturing Industry" to request photovoltaic manufacturing companies and projects from various aspects. All localities must declare eligible enterprises according to the thresholds set by the "Code", enterprises that do not meet the requirements, and The project will no longer enjoy policy support such as export tax rebates and domestic application support.

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